Why the Political Left Doesn’t Want Swedes to Take Responsibility for Their Own Money

Our current government has, during its term, exempted the first 300,000 SEK from tax on Capital Insurance Accounts (KF) and Investment Savings Accounts (ISK).

When you invest in these accounts you pay a flat-rate tax on the value – regardless of whether your investments go up or down.Ahead of the election this fall, the opposition has already promised to raise the tax on these accounts. The Green Party and the Left Party want to slash the tax-free amount to just 50,000 SEK, while the Social Democrats want to increase the flat-rate tax instead.

They are deliberately punishing people who save and take personal responsibility for their financial future. At the same time they are trying to buy votes from those who don’t save — by keeping them dependent on subsidies and government handouts.Let that sink in.

This isn’t economic policy.
This is classic vote-buying, paid for with other people’s money.

The left doesn’t want Swedes to become financially independent.
They need them dependent.


This is a new post.All older posts remain available in the full archive on my old blog:
https://mrsdewlar.blogspot.com


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